Trending

The “Free Movement of Money” Monese Celebrates Its Expansion

London, UK. 25th September: Monese, the provider of instant bank accounts, has announced its official launch across the Eurozone. To celebrate, the company is driving a new look “Brexit Bus” to cities across the continent, offering new and existing customers the ability to send €350 Million in free money transfers between its UK and Eurozone accounts.

The company quietly launched its new Eurozone accounts to existing customers a month ago and has already seen 6,000 accounts opened. Over 50 different nationalities now have both a UK and Eurozone Monese account and already there is a Monese card in each of the 20  countries.

Customers are free to move anywhere in the Eurozone and the UK, safe in the knowledge that their local bank account will be accessible and usable consistently via the app in any one of eight languages. To celebrate Monese has launched it’s ‘Free Movement of Money’ campaign.  Giving its customers the ability to transfer their money, fee free, offering the service to the total value of €350 million across its existing and new users.

Norris Koppel, Founder and CEO of Monese, commented: “Our expansion is aimed at breaking down financial barriers when crossing borders within the EU, by providing a simple way to manage your buy levitra discount money on the go. We believe that people should be able to live, travel, and work freely, without the administrative burdens and restraints of legacy financial systems. Monese takes the stress and hassle out of making this possible – and I’m delighted that we’re already seeing a growing demand from our existing customers.”

“To celebrate our official launch to everyone, we wanted to give all our customers an additional benefit to using Monese, by enabling them to send their money, fee free. To drive this message home we’re taking the now infamous Brexit Bus on a tour across Europe. But changing it to a promise we know we can keep.”

Users can sign up for a Eurozone account via the Monese app, and can also have a UK account at the same time. Individuals working in different European countries will be able to receive salary payments into their local account, without being charged excessive fees for doing so. Currently, over 75% of Monese’s UK accounts are used as salary receiving accounts, and since it quietly opened last month, 30% of Eurozone accounts are also used as a salary account.

For more information go to: monese.com/freemovement Follow the action: #FREEMOVEMENT
Press Contact:
Cathy White, CEW Communications for Monese

Author

Related posts

Intel Insight: How Chip Technology Makes Data Sharing Safer in Financial Services

Gina Clarke

The Financial Sector Needs to Get Employees Back in the Flow

Mark Walker

Ensuring Positive Customer Outcomes: The Responsibility of Financial Firms

The Fintech Times